For saleCondo
$174,900
875 Bahls Dr Apt 107
Hastings MN 55033
1 bed, 1 bath, 689 sqft
875 Bahls Dr Apt 107 is a 1 bed, 1 bath, 689 sqft condo home for sale at $174,900 in Hastings MN 55033. At 20% down it rents for an estimated $1,550/mo and returns $132/mo a month at a 7.6% cap rate.
The deal math
Modelled at 20% down on a 30-year loan at current market rates, before management, vacancy and maintenance reserves.
- Estimated rent
- $1,550/mo
- Monthly cash flow
- $132/mo
- Cap rate
- 7.6%
- Cash-on-cash
- 4.5%
- Max offer
- $162,000
Offer ≤ $162,000 (7% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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